Live within our means / Wan Noorli Razali

‘Live within your means' is a famous idiom which is actually a fundamental financial principle that emphasizes the necessity of spending less than what one earns. This practice is not merely a personal finance strategy but a crucial aspect of maintaining financial stability and mental well-bein...

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Main Author: Razali, Wan Noorli
Format: Monograph
Language:English
Published: Academy of Language Studies 2024
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/105248/1/105248.pdf
https://ir.uitm.edu.my/id/eprint/105248/
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spelling my.uitm.ir.1052482024-11-30T14:10:42Z https://ir.uitm.edu.my/id/eprint/105248/ Live within our means / Wan Noorli Razali Razali, Wan Noorli Pulau Pinang Universiti Teknologi MARA ‘Live within your means' is a famous idiom which is actually a fundamental financial principle that emphasizes the necessity of spending less than what one earns. This practice is not merely a personal finance strategy but a crucial aspect of maintaining financial stability and mental well-being. Adhering to this principle can prevent debt accumulation, promote savings, and ensure long-term financial security. Firstly, ‘live within our means' helps prevent the accumulation of debt, in today’s consumer-driven society, it is easy to fall into the trap of spending beyond one’s income through credit cards and loans. This behaviour can lead to significant debt burdens, high-interest payments, and financial stress. By spending only what we can afford we avoid these pitfalls and maintain a healthier financial state. Academy of Language Studies 2024 Monograph NonPeerReviewed text en https://ir.uitm.edu.my/id/eprint/105248/1/105248.pdf Live within our means / Wan Noorli Razali. (2024) Bulletin. Academy of Language Studies. Issue 3 Issue 3
institution Universiti Teknologi Mara
building Tun Abdul Razak Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Teknologi Mara
content_source UiTM Institutional Repository
url_provider http://ir.uitm.edu.my/
language English
topic Pulau Pinang
Universiti Teknologi MARA
spellingShingle Pulau Pinang
Universiti Teknologi MARA
Razali, Wan Noorli
Live within our means / Wan Noorli Razali
description ‘Live within your means' is a famous idiom which is actually a fundamental financial principle that emphasizes the necessity of spending less than what one earns. This practice is not merely a personal finance strategy but a crucial aspect of maintaining financial stability and mental well-being. Adhering to this principle can prevent debt accumulation, promote savings, and ensure long-term financial security. Firstly, ‘live within our means' helps prevent the accumulation of debt, in today’s consumer-driven society, it is easy to fall into the trap of spending beyond one’s income through credit cards and loans. This behaviour can lead to significant debt burdens, high-interest payments, and financial stress. By spending only what we can afford we avoid these pitfalls and maintain a healthier financial state.
format Monograph
author Razali, Wan Noorli
author_facet Razali, Wan Noorli
author_sort Razali, Wan Noorli
title Live within our means / Wan Noorli Razali
title_short Live within our means / Wan Noorli Razali
title_full Live within our means / Wan Noorli Razali
title_fullStr Live within our means / Wan Noorli Razali
title_full_unstemmed Live within our means / Wan Noorli Razali
title_sort live within our means / wan noorli razali
publisher Academy of Language Studies
publishDate 2024
url https://ir.uitm.edu.my/id/eprint/105248/1/105248.pdf
https://ir.uitm.edu.my/id/eprint/105248/
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score 13.223943